Sir Franklyn: ‘High chance’ of new Atlantis ownership
Sir Franklyn Wilson says there is “a high possibility” that Atlantis may undergo a change in ownership in 2019, describing this as a “significant” investment boost for The Bahamas.
‘Immense problems’ if BPL not improved by year-end
The Bahamas will suffer “immense problems” if Bahamas Power & Light (BPL) closes 2019 in the same condition it is now, a prominent businessman has warned.
‘Find the sweet spot’ for financial services
The Bahamas must “find the sweet spot” between meeting regulatory and market demands if its financial services industry is to survive and remain a key growth driver, a top QC has warned.
GB Power’s supply deals under review
Grand Bahama Power Company’s now-expired East and West End electricity supply agreements are under review by the Attorney General’s Office, Tribune Business can reveal.
‘Misinformation’ on WTO impact causes concern
The Chamber of Commerce’s top trade executive is expressing concern about “the level of misinformation” being circulated about The Bahamas’ bid for full WTO membership.
‘Flawed model’ creates more Bahamasair woe
Bahamasair’s “vexing business model” was yesterday blamed for the airline’s latest troubles that resulted in 17 passengers - and virtually all bags - being thrown off a flight to Marsh Harbour.
Royal backdown over crime alert
A major cruise line has agreed to withdraw a crime warning that threatened to “unduly bring fear to passengers coming to Nassau”, a Cabinet minister has revealed.
Bahamas won’t ‘blindly’ rush into joining WTO
The Bahamas is pushing its next WTO talks back by one month, with its chief negotiator pledging that the country will not “blindly” rush into membership of global trade’s rules-setting body.
Bahamas ‘closer than ever’ to a sustainable NHI
The Bahamas “is as close as it has ever been to sustainable National Health Insurance (NHI)” with the Cabinet now awaiting the final report on recent stakeholder consultations.
Non-profit sector ‘lucrative’ area for financial services
A well-known QC has backed the Government’s decision to spend more time in getting non-profit regulation right, describing the sector as a “lucrative practice” for the financial services industry.
Marathon expecting to match $2m room effect
MARATHON Bahamas organisers say they are confident that the 2019 event will generate “no less” than the $ 2m in hotel room revenue produced by this year’s event.
Taxi chief’s concerns on unlicensed drivers
THE Bahamas Taxi Cab Union’s (BTU) president says he is concerned over the number of unlicensed operators within the industry.
Govt ‘strained’ by first non-profit bill
The Government would have placed increased “financial strain” upon itself had it gone through with the initial Non-Profit Organisations Bill version, sector representatives warned.
MP ‘far short’ on proof to halt eviction
Fox Hill’s MP “fell far short” of the evidence needed to persuade the Court of Appeal to halt her eviction from the Centreville property that housed the Crab House and Seafood Emporium.
Govt urged: ‘Hear cry of domestic economy’
The Government has been urged to “swiftly address the cries of our domestic economy” and its inefficient processes otherwise the financial services industry’s adjustment will be undermined.
